Obtaining the Proper Bonding for Government Jobs
Construction Business Owner
AUGUST 18, 2011
In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. This agreement ensures that a contractor will perform all of the duties they agreed to in the bid they placed, abiding by the terms of that government-sanctioned project. December 2009.
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